Emerging Markets Power Ranking: Ride On China Recovery

By Shuli Ren

I start each week highlighting previous week’s best and worst performing emerging-markets single country exchange-traded funds, using the most heavily traded for each nation.

More macro data from China are providing evidence of an economic recovery in the world’s second largest economy. Last week, flash PMI from HSBC showed that China’s manufacturing rose to 18-month high in July. Russia was faced with more sanctions from the European Union after the downing of Malaysian Airlines MH17, but that did not dampen enthusiasm for emerging markets. The iShares MSCI Emerging Markets ETF (EEM) rose 1.4%. The Vanguard FTSE Emerging Markets ETF (VWO) gained 1.5%.

About Emerging Markets Daily

Emerging markets have been synonymous with growth, but the outlook for individual nations is constantly changing. Countries from Brazil and Russia to Turkey face challenges including infrastructure bottlenecks, credit issues and political shifts. Barrons.com’s Emerging Markets Daily blog analyzes news, data and research out of emerging markets beyond Asia to help readers navigate the investment landscape.

Barron’s veteran Dimitra DeFotis has been blogging about emerging market investing since traveling to India and Turkey. Based in New York, she previously wrote for Barron’s about U.S. equity investing, including cover stories and roundtables on energy themes. Dimitra was among the first digital journalists at the Chicago Tribune and started her career as a police reporter at the Daily Herald in the Chicago suburbs. Dimitra holds degrees from the University of Illinois and Columbia University, where she was a Knight-Bagehot Fellow in the business and journalism schools. She studies multiple languages and photography.